US-based medical data exchange platform PatientPing has closed a series A round co-led by conglomerate Alphabet and financial services conglomerate Fidelity Management and Research at $9.6m, MedCity News reported on Monday.
Alphabet invested through its corporate venturing arm Google Ventures, while Fidelity participated through its F-Prime Capital vehicle. They were joined by First Round Capital and SV Angel.
PatientPing has developed a platform that facilitates the exchange of patient data between different healthcare facilities. Information includes contact details for other medical staff treating the patient, instructions from the various doctors and patient visit data.
The money will go towards further US expansion, up from its current presence in four states, and a recruitment drive across sales and marketing, engineering, operations, products and community development departments.
Jay Desai, chief executive of PatientPing, said: “We have worked hard to design something that is not cost prohibitive and not intrusive. Access at any one institution is unlimited and based on what customers want. It is really a function of workflow design rather than anything else.”